Smooth transition strategy for countries graduating from the list of least developed countries : resolution / adopted by the General Assembly

Re-emphasizes the need for a smooth transition for countries graduating from the list of least developed countries; invites the graduating country, in cooperation with its bilateral and multilateral development and trading partners and with the support of the UN system, to prepare a transition strategy to adjust to the phasing out of the advantages associated with its membership on the list of least developed countries; recommends that the graduating country establish a consultative mechanism to facilitate the preparation of the transition strategy and the identification of the associated actions; requests the Administrator of the UNDP to assist countries graduating from the list by providing the support of the UN Resident Coordinator and the UN Country Team to the consultative mechanism; invites all members of the World Trade Organization to consider extending to a graduated country, as appropriate, the existing special and differential treatment and exemptions available to least developed countries for a period appropriate to the development situation; requests the Committee for Development Policy to continue to monitor the development progress of the graduated country as a complement to its triennial review of the list of least developed countries, with the assistance and support of other relevant entities, and to report thereon to the Economic and Social Council.

Adopted without vote, 74th plenary meeting

3 p.

Issued in GAOR, 59th sess., Suppl. no. 49.